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4 years ago

In the context of the new-product development process, which of the following is true of a new-product strategy?

Business

1 answer:

ANTONII [103]4 years ago

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Answer: It must be compatible with the objectives of the marketing department, the business unit, and the corporation.

Explanation: The product strategy are the specific plans a company has for its particular product, this is includes the problems the product is intended to solve, the target market and how the product would get to the target market.

When a new product is developed by a company, a strategy is introduced to ensure that the product is in line with the objectives of the company and would be easy to sell by the marketing department.

There is also a need to properly present the product to the target buyers.

You might be interested in

When cities prevent landlords from charging market rents, which of the following are common long-run outcomes? Check all that ap

aniked [119]

Answer: Option (b) is correct

Explanation:

When cities prevent or stop the landlords to collect the market rents then this will lead to black marketing. After this prevention, landlords try to fool the system or the public by charging higher rent for the apartments and in fact, this is done with no legal paper work or documentation and manipulation of rules and regulations. Hence, this will results in black market.

7 0

3 years ago

Explain how to calculate total asset turnover. Describe what it reveals about a company's financial condition, whether a higher

Deffense [45]

Total Asset Turnover -Net sales / Revenue divided by Average Total Cost

Explanation:

Total Asset turnover helps to know :-

1. Financial Condition - Which means how much profit the company has earned and what are there Retained Earnings.

2. Desirable Ratios - Depending upon the company type and size ratios are decided which helps them to make a standard comparison.

Total Asset turnover helps to compare the efficiency of the company through figures which would give them a direction to increase there sales volume.

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3 years ago

Someone criticizes the government for increasing interest rates but approving the increase in government spending. They are crit

yarga [219]

When a pressure group criticizes a government for increasing interest rate but praise them for increase in government spending, then, they are criticizing the government’s fiscal policy and praising the government monetary policy.

<h3>What is a fiscal and monetary policy?</h3>

Basically, a fiscal policy means the method of using a spending and tax policies to influence economic conditions while monetary policy means the general control of the quantity of money available in an economy

In conclusion, whan a pressure group criticizes a government for increasing interest rate but praise them for increase in government spending, then, they are criticizing the government’s fiscal policy and praising the government monetary policy.

Read more about fiscal policy

brainly.com/question/6583917

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3 years ago

Swifty Inc. has three divisions which are operated as profit centers. Actual operating data for the divisions listed alphabetica

Travka [436]

Answer:

(1) Controllable margin $ 191420

(2)  Variable Costs$ 371580

(3) Contribution Margin $ 146380

(4)Controllable fixed costs $45,040

(5) Controllable fixed costs $ 95710

(6) Sales $ 484,180

Explanation:

The workings have been done to show the results.

Swifty Inc.

Women’s Shoes Men’s Shoes Children’s Shoes

Sales 675,600 506,700 (6) $ 484180

Variable costs (2)$ 371580 360,320 281,500

C. Margin $304,020 $ (3)146380 $202,680

(2)  Variable Costs = Sales - Contribution Margin= 675600- 304020=

$ 371580

(3) Contribution Margin= Sales - Variable Costs = 506,700-360,320 = $ 146380

(6) Sales = Contribution Margin + Variable Costs= 281,500 +$202,680 = $ 484,180

Swifty Inc.

Women’s Shoes Men’s Shoes Children’s Shoes

Sales 675,600 506,700 $ 484180

Variable costs $ 371580 360,320 281,500

C. Margin $304,020 $ 146380 $202,680

Controllable

fixed costs 112,600 (4) $45,040 (5) $ 95710

Controllable margin (1) $ 191420 101,340 106,970

(1) Controllable margin=Contribution Margin-Controllable fixed costs

= $ 304,020 -112,600 =$ 191420

(4) Contribution Margin- Controllable margin=Controllable fixed costs

$ 146380 - 101,340 = $45,040

(5) Contribution Margin- Controllable margin=Controllable fixed costs

$202,680 - 106,970 = $ 95710

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3 years ago

On January 1, 2021, Kat Corp. granted an employee an option to purchase 60,000 shares of Kat's $5 par common stock at $20 per sh

Andreyy89

Answer:

b. $ 240,000

Explanation:

Calculation for what Kat should recognize as compensation expenses

Using this formula

Compensation expenses= (Purchase shares ×Value of options)/ Years of Service

Let plug in the formula

Compensation expenses=(60,000 shares

x $8 per option) / 2 years of service

Compensation expenses=480,00/2 years of service

Compensation expenses= = 240,000

Therefore what Kat should recognize as compensation expenses is 240,000

4 0

3 years ago